Originally Posted by Richard Davis
Gas at the lowest level in quite some time. I purchased it for $208.9/gal a few days ago. That's the lowest I can recall in many years.
My groceries are starting to fall in price.
Eggs are now $1.50 less per dozen (Mentioned since that's been in the news).
I'm seeing that prices are falling in the grocery stores on the items I purchase.
Inflation IS DOWN this last month.
Things are looking pretty good!
Yep, I'm Thrilled that I voted for Trump, for sanity, and for conservatives.
The Democrats are a conglomeration of basket case psychotic idiots.
Gas prices?
Have fallen although that has nothing to do with "drill baby drill" and everything to do with the falling price og a barrel of oil on the world market due to the expectation of decreased demand of national economies entering into recession due to tariffs.
"Eggs are now $1.50 less per dozen (Mentioned since that's been in the news)."
"Egg prices, however, a closely watched symbol of price increases, soared 58.8% in February compared to a year ago, accelerating from the previous month. Bird flu has decimated the egg supply, lifting prices higher."
"The Justice Department opened an investigation into egg producers to learn if market practices have contributed to the price hikes, a source familiar with the matter told ABC News."
https://abcnews.go.com/Business/inflation-report-set-arrive-amid-stock-slide-recession/story?id=119664371
"My groceries are starting to fall in price. "
"Prices dropped for tomatoes, cereal, cupcakes and cookies over the past year." "Some grocery prices increased faster than the pace of overall inflation, however, including beef, biscuits and apples." (So, it appears Davis is snacking quite a bit.)
https://abcnews.go.com/Business/inflation-report-set-arrive-amid-stock-slide-recession/story?id=119664371
"Inflation IS DOWN this last month."
"The inflation report arrived hours after the U.S. imposed 25% tariffs on steel and aluminum, prompting near-immediate retaliatory duties from the European Union and marking the latest escalation of trade tensions."
"Tariffs are widely expected to raise prices for consumers, since importers typically pass along a share of the added cost to shoppers."
https://abcnews.go.com/Business/inflation-report-set-arrive-amid-stock-slide-recession/story?id=119664371
As far as the financial markets tanking, Davis, like half of the country and arguably the unproductive half, probably doesn't have a 401k so he doesn't care anyway...
